The Affordable Care Act (ACA) imposes significant information reporting responsibilities on employers starting with the 2015 calendar year. Section 6056 requires employers with 50 or more full-time and equivalent employees, to describe the health coverage they offer by filing Form 1094–C (a transmittal) and Form 1095–C (an employee statement). Electronic filing is required for filing more than 250 returns under Section 6056 (Forms 1094–C and 1095–C) during the calendar year. The reporting requirements will apply for 2015 calendar year and reports are initially due in 2016.

Deltek has recently come out with a patch for Costpoint 7 that handles both forms 1094-C and 1095-C so that they can be filled out, processes, and submitted electronically. CRI has recently been one of the first to successfully set up a client with this patch. Contact Us to learn more and find out how we can help you stay ACA compliant.